Are you net-fishing or spear-fishing?
Corey Quinn
Founder, Deep Specialization™
How smaller lists generate bigger results in agency outbound...
The biggest mistake agencies make with outbound:
Starting with the wrong list.
When I was building Scorpion from $20M to $150M, we discovered that most outbound campaigns fail before they even begin—because they target too many of the wrong prospects.
I call it "net fishing" vs. "spear fishing":
Net Fishing:
Get a list of 10,000 potential clients
Send them generic emails
Hope for a 0.1% response rate
Burn your domain reputation in the process
Spear Fishing:
Identify just 20-30 perfect-fit prospects
Research each one deeply
Send them highly personalized gifts
Follow up with precision
The net-fishing approach treats your total addressable market (TAM) like a commodity to be blasted. The spear-fishing approach treats them like human beings worthy of your attention.
With gift-based outbound, your ROI comes from quality, not quantity. We spent $25-75 per gift, which means we couldn't afford to waste them on poor-fit prospects.
The perfect outbound list is small enough that you can give each prospect your full attention, but large enough to hit your growth targets.
Quality over quantity. Always.
CQ
Frequently Asked Questions
Why does starting with the wrong list sink an outbound campaign before it begins?
Because targeting too many of the wrong prospects means the effort is misdirected from the start. No amount of follow-up or personalization fixes a list built on volume instead of fit.
What's the difference between net fishing and spear fishing in outbound?
Net fishing means blasting generic emails to thousands of names and hoping for a fraction of a percent response, often at the cost of your domain reputation. Spear fishing means identifying 20 to 30 perfect-fit prospects, researching them deeply, and reaching out with precision.
Why does gift-based outbound depend on a smaller list?
Because gifts cost $25 to $75 each, which makes it too expensive to waste them on poor-fit prospects. The ROI comes from quality, not quantity, so the list has to be small enough to make that spending worth it.
How big should a good outbound list actually be?
Small enough that you can give each prospect your full attention, but large enough to hit your growth targets. It's a balance, not a fixed number.
What's the underlying mindset shift between the two approaches?
Net fishing treats the total addressable market like a commodity to be blasted. Spear fishing treats prospects like people worthy of real attention, which is what makes the personalized approach work.
About Corey Quinn
Founder, Deep Specialization™
Corey helps founder-led agencies scale through Deep Specialization™ and programmatic M&A. Former CMO of Scorpion ($20M to $200M). Author of "Anyone, Not Everyone."
